Fidelity D & D Bancorp (NASDAQ:FDBC) Stock Price Crosses Below 200-Day Moving Average of $46.56

Posted by on Jun 17th, 2022

Shares of Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC – Get Rating) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $46.56 and traded as low as $36.65. Fidelity D & D Bancorp shares last traded at $37.42, with a volume of 23,171 shares changing hands.

The firm has a 50-day moving average of $38.41 and a two-hundred day moving average of $46.56. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $211.76 million, a PE ratio of 8.01 and a beta of 0.44.

Fidelity D & D Bancorp (NASDAQ:FDBC – Get Rating) last announced its quarterly earnings results on Wednesday, April 27th. The financial services provider reported $1.32 earnings per share for the quarter. The company had revenue of $21.85 million during the quarter. Fidelity D & D Bancorp had a return on equity of 14.59% and a net margin of 29.85%.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 10th. Stockholders of record on Friday, May 20th were given a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.53%. The ex-dividend date of this dividend was Thursday, May 19th. Fidelity D & D Bancorp’s dividend payout ratio (DPR) is presently 28.27%.

Several institutional investors have recently bought and sold shares of the company. Zullo Investment Group Inc. acquired a new stake in shares of Fidelity D & D Bancorp in the fourth quarter worth approximately $395,000. JPMorgan Chase & Co. boosted its stake in shares of Fidelity D & D Bancorp by 260.2% in the fourth quarter. JPMorgan Chase & Co. now owns 5,608 shares of the financial services provider’s stock worth $331,000 after acquiring an additional 4,051 shares during the last quarter. Barclays PLC boosted its stake in shares of Fidelity D & D Bancorp by 226.0% in the fourth quarter. Barclays PLC now owns 5,346 shares of the financial services provider’s stock worth $316,000 after acquiring an additional 3,706 shares during the last quarter. Wells Fargo & Company MN boosted its stake in shares of Fidelity D & D Bancorp by 7.0% in the fourth quarter. Wells Fargo & Company MN now owns 3,595 shares of the financial services provider’s stock worth $212,000 after acquiring an additional 236 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of Fidelity D & D Bancorp by 26.2% in the fourth quarter. Bank of America Corp DE now owns 3,272 shares of the financial services provider’s stock worth $193,000 after acquiring an additional 680 shares during the last quarter. Institutional investors and hedge funds own 14.78% of the company’s stock.

About Fidelity D & D Bancorp (NASDAQ:FDBC)

Fidelity D & D Bancorp, Inc operates as the bank holding company for The Fidelity Deposit and Discount Bank that provides a range of banking, trust, and financial services to individuals, small businesses, and corporate customers. The company accepts savings, clubs, interest-bearing and non-interest-bearing checking, money market, and short- and long-term time deposits, as well as certificates of deposit.

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